In 2024, what was the number of Chesters transfers of outlets from franchisees to new owners in Indiana?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Indiana | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, there were zero transfers of outlets from franchisees to new owners in Indiana during 2024. The provided table, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024", lists the number of transfers by state and year.
For a prospective Chesters franchisee, a low number of transfers could be seen as a positive indicator of franchisee satisfaction and the stability of the franchise system. However, it is important to investigate further to understand the reasons behind these numbers. A high transfer rate might suggest financial difficulties or dissatisfaction among franchisees, while a very low rate could indicate a lack of resale opportunities or an aging franchisee base.
It is important to note that this table only reflects transfers to new owners other than the franchisor. Outlets reacquired by Chesters are not included in this transfer data. Reviewing the overall number of outlet closures and transfers in Item 20 can provide a more comprehensive understanding of franchisee turnover within the Chesters system.